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    332 E Kettleman Lane

    Lodi, CA 95240
    • $350,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 221027888
    UPDATED: 22 min ago
    $350,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,944
      SQFT
    • $89
      $/SQFT
    Type:
    Commercial
    Built:
    1939
    County:

    School Ratings & Info

    Description

    332 E Kettleman Lane in Lodi provides a rare opportunity to acquire highly visible commercial buildings totaling 3,944 square feet on 11,231 square foot parcel. The property consists of a 1,200 SF single-family residential home, 1744 SF industrial warehouse building, and 456 SF structure. The property sits along Lodi's busiest commercial thoroughfare with more than 19,500 cars per day. It is just one minute from Highway 99 interchange, one of the Sacramento/Central Valley's major arterials. The property is intriguing to either an owner/user that can benefit from the existing commercial buildings and automobile servicing bays, or to an investor looking to maximize the income stream from the property from the well below market rent. Currently the property is generating $3,000 per month $36,000 per annum in gross revenue, approx $30,775 Net Operating Income reflecting current Cap Rate of 5.56%. General Commercial (GC) zoning is conducive to a variety of uses.

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-04-14T23:39:23.777. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.norcalhomepros.com/homes/115651950
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    332 E Kettleman Lane Lodi, CA 95240

    • Price: $350,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 221027888
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,944
    SQFT
    $89
    $/SQFT
    1939
    Built
    Neighborhood:
    Lodi/Woodbdg/Sunnyside Est/Hende
    County:
    San Joaquin
    Area:
    Lodi/Woodbdg/Sunnyside Est/Hende
    Property Description
    332 E Kettleman Lane in Lodi provides a rare opportunity to acquire highly visible commercial buildings totaling 3,944 square feet on 11,231 square foot parcel. The property consists of a 1,200 SF single-family residential home, 1744 SF industrial warehouse building, and 456 SF structure. The property sits along Lodi's busiest commercial thoroughfare with more than 19,500 cars per day. It is just one minute from Highway 99 interchange, one of the Sacramento/Central Valley's major arterials. The property is intriguing to either an owner/user that can benefit from the existing commercial buildings and automobile servicing bays, or to an investor looking to maximize the income stream from the property from the well below market rent. Currently the property is generating $3,000 per month $36,000 per annum in gross revenue, approx $30,775 Net Operating Income reflecting current Cap Rate of 5.56%. General Commercial (GC) zoning is conducive to a variety of uses.
    Exterior Features

    Construction Materials MetalWood Dock Doors 0 Loading 12' Roll Up Door14' Roll Up DoorSee Remarks Num Of Floors 0 Parking Features Carport Roof See Remarks Total Parking Spaces 0

    Interior Features

    Cooling Varies By UnitSee Remarks Flooring Varies By UnitSee Remarks Heating Varies By UnitSee Remarks Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

    Property Features

    Building Features 12 To 18 Ft CeilingsVaries By UnitSee Remarks Business Type Auto Service Current Use ResidentialLight IndustrialRetailOffice Electric Separate Electric Meter Expiration Date Auxiliary 2021-12-31 Income Includes See Remarks Lease Deposit 0 Location Airport NearbyNeighborhoodDowntownRestaurant NearbyFreeway NearbyShopping NearbyWarehouse Num Of Offices 0 Num Of Tenants 0 Property Subtype Industrial Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Structure ApartmentMixed UseOfficeIndustrial Tenant Pays ElectricityGas Utilities Varies By Unit Water Source Public Year Renovated 0 Zoning Gc General Commercial

    Listing provided courtesy of Ken Turton, Broker. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-04-14T23:39:23.777. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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